I believe you are not aware that the definition of "equity skimming" has been expanded since the great Federal Reserve debacle of 2008.  

@Alex Washburn makes really good points - the process is definitely not easy. 

My father just went into the long term care facility on December 23rd so the circumstances regarding the use of his house have definitely changed.

There are definitely faster ways to grow your portfolio fully utilizing debt.

That is definitely true, however, I would suggest you only post your opinion on things that you have a lot of experience with so that you don't come across looking foolish.

Definitely a chunk of change I don't want to pay, but having my cash back out to do another deal might be worth it... 

You're definitely in the right place.

HELOCs are definitely a good option for financing BRRRRs.

There are definitely options for less than $100k, just depends on how much lower - $75k is doable but less than that gets a liiiiiittle tricky (although still doable in some cases).

With an extra vacancy or a maintenance issue or an extra turnover, this is definitely a negative cash flow producing investment.So when you say the rent growth and value growth have exceeded your expectations, I would love to have you respond as to how that is possibly the case.